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Puffy's Pastries Generates Five Cents of Net Income for Every

Question 66

Multiple Choice

Puffy's Pastries generates five cents of net income for every $1 in equity.Thus,Puffy's has ________ of 5 percent.

A) a return on assets
B) a profit margin
C) a return on equity
D) an EV multiple
E) a price-earnings ratio

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